Payment processing

The surge in digital and cloud-based payments technology hasn’t killed off point-of-sale terminals; their role is simply changing, as cloud-based payment providers like Podium roll out their first hardware.

While accounts payable systems are adjusting to decentralized work, it's unrealistic to expect a complete migration overnight, says Proactis' Michael Ereli.

The company’s payments services business has struggled during the pandemic, but executives are counting on commercial clients’ embrace of real-time payments to help fuel the unit’s growth in 2021.

The single-use element of virtual cards deters hacking, says Nvoicepay's Kristin Cardinali.

The fintechs Nymbus and Segmint teamed up to translate the gibberish on bank statements into actionable data.

The fintechs Nymbus and Segmint teamed up to translate the gibberish on bank statements into actionable data.

The unfortunate reality for merchants and their customers is that swipe fees have continued to increase because the payment card market is broken, says payments consultant Mark Horwedel.

Federal Reserve Chair Jerome Powell said the central bank is involved in a large-scale research and development project on the digital dollar, and that questions of whether adopting such a currency would provide a public benefit have yet to be resolved.

Lending options at the physical point of sale are going to play a significant role in how consumers take part in a post-pandemic economic recovery. But as with many payment methods, they risk leaving out the underbanked.

The industry’s most effective relationships come when providers serve as collaborators and an extension of their clients to serve customers and work in tandem to address a range of challenges and grow their businesses together, says Paya's Chris Scappa.

Issuers may provide relief for borrowers who fall behind on installment loans — and mitigate some of the reputational hit to merchants in the process.

Issuers may provide relief for borrowers who fall behind on installment loans — and mitigate some of the reputational hit to merchants in the process.

Both consumers and merchants are realizing the permanent benefits, says Azoya USA's Franklin Chu.

At a time when it’s never been more important for small businesses like salons and spas to improve economics, scalability and control, fintech can provide a path to better margins, says Boulevard's Biju Nair.

Digital identity data provider Ekata is launching a merchant onboarding process to help payment service providers, B2B lenders and marketplaces quickly add micro merchants and sole proprietors as customers.

To embrace social commerce, merchants should prioritize data privacy, communication of delivery timelines and a seamless checkout experience.

The partnership provides the fintech's clients with access to The Clearing House's RTP network.

The partnership provides the fintech's clients with access to The Clearing House's RTP network.

The bank's purchase of AxiaMed gives it a digital gateway to the medical industry, speeding deployment amid growing competition.

The bank's purchase of AxiaMed gives it a digital gateway to the medical industry, speeding deployment amid growing competition.